Nuchas, Empanadas, was started by Ariel Barbouth in 2009. As of November 2023, Nuchas net worth is $12 million and they’re pulling in a whopping $4.6 million in annual revenue.
In 2019 they appeared on season 10 of Shark Tank USA seeking $2 million for 8% of equity valuing the company at $2.5 million. But the Sharks were not interested in investing in Nuchas. Barbara Corcoran specifically mentioned that she felt Barbouth “let his ego get in the way” of a business deal. She believed that he was too focused on getting a high valuation and wasn’t willing to negotiate enough.
Nuchas is still in business and thriving! Since their appearance on Shark Tank, they have expanded significantly and are showing no signs of slowing down. Visit their website for more details.
Nuchas Net Worth
|Net worth||$12 million (2023)|
|Annual Sales Revenue||$4.6 million (2023)|
|Profits||Not publicly available|
|Lifetime sales||Not publicly available|
|Employees||Not publicly available|
Nuchas Net Worth Timeline
|Net Worth 2023||$12 million|
|Net Worth 2022||$12 million|
|Net worth valuation 2019 after appearing on Shark Tank||N/A|
|Net worth valuation 2019 before appearing on Shark Tank||$2.5 million|
Nuchas Pitch on Shark Tank
|Episode||Season 10 Episode 18|
|Asked for||$2 million for 8% equity|
Don’t miss these product from Season 10
Nuchas was founded by Ariel Barbouth in 2009. He immigrated to the United States from Argentina in 2005 and brought his passion for Argentinian cuisine with him. Nuchas’s founder, Ariel Barbouth, has a net worth of $12 million as of 2023.
|2019||Appeared on Shark Tank season 10|
|2020||Launches their own line of empanada sauces and dips.|
|2022||On track to reach $10 million in sales.|
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Nuchas and its continued success.